ReNew Inks Deal With JERA To Evaluate Green Ammonia Project In India Updated On Fri, Apr 19th, 2024 by Saurenergy Renewable energy company, ReNew Energy Global announced that it has signed an initial agreement with JERA Co, Japan’s power generation company, to jointly evaluate the development of a green ammonia production project in India. Under the agreement, ReNew, through its subsidiary, ReNew E-Fuels Private Limited, and JERA will jointly evaluate development of a green ammonia […] Read more
Avaada Energy Secures Rs 4,471 Cr Refinancing For Rajasthan Solar Projects Updated On Fri, Apr 19th, 2024 by Saurenergy Avaada Energy, the renewable energy arm of Avaada Group, has announced the successful closure of one of the largest refinancing transactions in India’s renewable energy sector, securing about Rs 4,471 crore from the state-owned lender, the National Bank for Financing Infrastructure and Development (NaBFID). This refinancing transaction, conducted under a Restricted Group (RG) structure, encompasses […] Read more
POWERGRID To Evacuate 18 GW Power From Gujarat, Rajasthan Plants Updated On Fri, Apr 19th, 2024 by Saurenergy Power Grid Corporation of India, POWERGRID, has announced that it has won the contracts to establish three inter-state transmission systems (ISTS) projects on a build, own, operate, and transfer (BOOT) basis to evacuate 18 GW of power from several plants based in Rajasthan & Gujarat. These projects include a Transmission System for the evacuation of […] Read more
Recurrent Energy Secures $70 Million Financing For 152 MW Brazil Solar Project Updated On Thu, Apr 18th, 2024 by Saurenergy Solar and energy storage assets firm Recurrent Energy has announced that it has secured $70 million of non-recourse project financing from Banco do Nordeste do Brasil S.A. (BNB) for its Jaiba III solar project in Brazil. The 152 MW Jaiba III project will be financed over 22 years spanning both construction and operation phases. Linked […] Read more
GPS Renewables Secures Rs 411.50 Crore Debt-Financing Updated On Thu, Apr 18th, 2024 by Saurenergy Bengaluru-based clean energy firm, GPS Renewables has successfully secured Rs 411.50 crore in debt financing. This funding was sourced from a consortium of major banks and financial institutions, according to a statement by GPS Renewables. Tilak Minocha, the Chief Finance Controller of GPS Renewables, emphasised that the new funds would significantly enhance their capabilities to […] Read more
Sterling Tools Signs MoU With South Korea’s Yongin for EV Components Facility Updated On Thu, Apr 18th, 2024 by Saurenergy Automotive fastener manufacturer Sterling Tools Limited has signed a Memorandum of Understanding (MoU) with South Korea’s, Yongin Electronics Co. Ltd, a major supplier of components to the Hyundai Kia Motor Group for the production of electric vehicle (EV) and electronic components within India. This agreement is expected to generate Rs. 250 crore in business over […] Read more
ISA Inks Pact With Bhutan For Development Of Solar Projects Updated On Thu, Apr 18th, 2024 by Saurenergy The International Solar Alliance (ISA) has signed a Country Partnership Agreement (CPA) with the Department of Energy and, the Ministry of Energy & Natural Resources in Bhutan. This partnership aims to pave the way for a more sustainable & resilient energy future for Bhutan, the ISA said in a post on X, formerly Twitter. “An […] Read more
Premier Energies Secures 140 MW PV Modules Order In Bangladesh Updated On Thu, Apr 18th, 2024 by Saurenergy Premier Energies subsidiary Premier Energies Photovoltaic has secured a 140 MW PV modules supply order from Amara Raja Infra for a solar project in Bangladesh. The project is being executed on an EPC basis by Hyderabad-based Amara Raja Infra. The module supply is expected to be completed by April 2025. Premier Energies has witnessed a […] Read more
India To Have 122GW Installed Wind Capacity By 2032: GWEC Report Updated On Thu, Apr 18th, 2024 by Saurenergy India is expected to more than double its onshore wind and solar PV capacity by 2028 and achieve its milestone of 50% non-fossil fuel generation before 2030, according to the Global Wind Report by the Global Wind Energy Council. As far as wind energy is concerned, the GWEC report shed light on the country’s wind […] Read more
